Far Eastern New Century Corporation (FENC), one of Taiwan’s leading textile makers, will invest NT$ 10 billion (US$ 320 million) to expand its existing capacity in Vietnam. In a statement issued following the company’s ...
Driven by gross margin expansion and a lower tax rate, earnings per share surged 25 per cent, year over year at sports good and sportswear marketer Nike Inc for the fiscal ending May 31, 2015. A Nike press release informed that fiscal ...
Tags: Nike, comfortable footwear, fashionable sports shoes, sports footwear
Lectra, a developer of integrated technology solutions for industries using soft materials like fabrics recently held a seminar for Bangladeshi suppliers of retail chain H&M in Dhaka. “The two-day event addressed today's trends and ...
Tags: Lectra, Bangladeshi suppliers, textile
Food packaging company Sealed Air has begun the construction of its new headquarters in Charlotte, North Carolina, US. The company will move to the new campus at LakePointe Corporate Center in early 2017, and is expected to employ around ...
Tags: Sealed Air Company, Food packaging, food
Profit growth at major Chinese industrial firms slowed to 0.6 percent year on year in May, down 2 percentage points from the pace posted in April, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies ...
Industrial thread and consumer textile crafts marketer Coats Group plc opened the day’s trading on the main market of the London Stock Exchange on June 23, 2015. “The London Stock Exchange market open ceremony celebrates ...
Tags: London Stock Exchange, Industrial thread, textile crafts
For the first fiscal quarter ended April 30, 2015, net revenue at Egyptian apparel retailer Arafa Holding climbed 9 per cent over the same period of previous fiscal. Arafa Holding reported net revenues of $62.0 million during the first ...
Tags: apparel, Arafa Holding
France headquartered Solvay Group said it is investing in fibre and smart polyamide textile yarn production technology to meet the growing market demand for innovative textile products. “An investment of around R$ 50 million is ...
Tags: Solvay, Textile Yarn
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
“2014 China Mechanism Top 100 Companies” was revealed in Ningbo city and the event was organized by China Machinery Industry Federation and China Association of Automobile Manufactures. The annual revenues of Sinotruk were 68.3 ...
Tags: Auto Industry, Sinotruk
The digital colour printing technology company said the press will be available for order at Labelexpo Europe 2015 in September. Xeikon will unveil the newly designed press and conduct live demonstrations of the Xeikon CX3, which it says ...
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
China will come out with a five-year plan (2016-20) for the development of its strategic emerging industries and to further boost its innovation efforts, the nation's top economic planner said on Friday. The National Development and ...
Tags: Emerging Industries, Economy
Skechers USA, Inc. named 2015 Mainstream Women's Footwear Brand of the Year at The Drapers Footwear Awards. This achievement follows a year when Skechers won multiple top industry awards in the United Kingdom, including Footwear Brand of ...
Tags: Footwear
Agricultural processing firm Sunwin Stevia International has completed construction on a new manufacturing plant in China which will increase the company's stevia production capacity. The new facility is equipped with advanced production ...
Tags: Agriculture, Food, Chinese Plant